1. level payment

This is the most popular method. The principal and interest are added together and repaid in equal monthly installments.

In the early stages of repayment, a large amount of interest is paid, but as the repayment progresses, the interest rate decreases.

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2. Repayment in equal installment of principal

Divide the principal amount by the term of the loan. Then, the monthly payment comes out, which is a method of calculating interest and repaying it on a monthly basis.

The monthly payment is high at the beginning of repayment, but decreases as it goes to later.

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3. Redemption at maturity

Only interest is repaid each month for the specified loan period.

When the maturity date of the loan is reached, the principal is repaid in one lump sum.

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*grace period

When a grace period is set, only interest is paid during that period.

At the end of the grace period, principal and interest will be repaid.

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